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| SPONSOR: | Maes | DATE TYPED: | 02/04/00 | HB | |||
| SHORT TITLE: | Confidentiality of Proprietary Information | SB | 326 | ||||
| ANALYST: | Woodlee | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY00 | FY01 | FY00 | FY01 | ||
| NFI | |||||
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates/Conflicts with/Companion to/Relates to
SOURCES OF INFORMATION
Economic Development Department
SUMMARY
Synopsis of Bill
Senate Bill 326 provides for confidentiality of proprietary information obtained by the Economic Development Department.
Significant Issues
The bill amends previous law, which allowed information obtained by the Science & Technology Division that is deemed necessary by the director to be confidential technical or business information. This bill broadens the law to the entire department and the Secretary of Economic Development.
The agency indicates that without the ability to agree to confidentiality, about 30 percent of prospects will refuse to work with the department.
FISCAL IMPLICATIONS
The bill has no appropriation or fiscal impact to the agency.
MW/njw